Qatar Islamic Bank (QIB) has released additional innovative features to its Mobile App, making it easier for customers to access capital markets, among other functions.
Following the upgrade, customers can now subscribe to any future IPOs (initial public offerings) electronically. The E-IPO functionality allows pre-registered customers to easily subscribe to an IPO for themselves and their dependents who are below 18 years.
QIB has introduced an innovative function that allows prospective and current customers to calculate and apply for finance. The calculation is done based on income and expected monthly instalments. This service can be reached easily on the login page of the QIB Mobile App.
Interested customers can apply for finance easily through the app, which will be followed up with a call from the bank to complete the process. This is in addition to the existing "instant financing" service for pre-approved customers.
The upgrade also allows Vodafone customers to pay their bills or top-up their credit and data by simply registering their number just once on the app.
"Customers will always remain at the heart of our strategy. As we continue to progress by deploying digital initiatives and becoming technology-driven, we will always remain customer-centric throughout," said D Anand, QIB’s general manager, Personal Banking Group.
He said every update the bank has made over the past few years on its digital channels was thoroughly researched, studied and examined to ensure that it meets and exceeds customer expectations.
Recently, QIB released a new digital onboarding process that allows prospective customers to start a relationship with it by opening a savings or ‘Misk’ account through the QIB Mobile App.
